Purchasing or leasing a vehicle is a significant financial decision, and understanding all the variables involved is crucial for making an informed choice. One key aspect that often plays a pivotal role in the decision-making process is manufacturer rebates and… Read More »Money Advice: A Car Buyer’s Guide to Rebates and Incentives
When purchasing a vehicle, preparation is key, especially for subprime customers. As someone with credit challenges or a limited credit history, having the right information at hand can streamline the car-buying process and increase your chances of securing a favorable… Read More »Happy Car Deals, Even with Bad Credit: 10 Things to Bring to the Dealership
Purchasing a car can be both exhilarating and daunting. For individuals with little to no credit history or credit challenges, the task can seem even more formidable. However, there’s a silver lining – the presence of car dealerships with subprime… Read More »Money Advice: Why First Time Buyers Should Choose a Dealership with Subprime Financing Expertise to Help with Credit Challenges
When buying and financing a car, understanding the Loan-to-Value (LTV) ratio is crucial. LTV is a significant factor that impacts the terms of your car loan and the overall cost of vehicle ownership. The easiest and most straightforward way to… Read More »Money Advice: Understanding Loan-to-Value (LTV) and Getting the Best Car Deal
Car loans and financing play a crucial role in enabling individuals to own their vehicles without making an immediate full payment. As car prices continue to rise, understanding the intricacies of car loans and financing options becomes increasingly important for… Read More »Car Loans and Financing: Advice for Buyers to Save Money
Owning a car is a significant milestone for many individuals, but the prospect of making a substantial down payment can be a daunting barrier. Fortunately, there are several car buying options available that cater to those with limited or no… Read More »Car-Buying Options with Limited or No Money Down
When purchasing a car, one crucial decision you’ll need to make is the amount of money to put down as a down payment. While there isn’t a one-size-fits-all answer, we do hope to answer many of the common questions here.… Read More »Down Payment Advice: The Sweet Spot When Buying a Car
When it comes to buying a car, a down payment is an essential component that can significantly impact your overall purchasing experience and happiness with your deal. The down payment refers to the initial investment you make towards the total… Read More »Car Buying Advice: The Power of Your Down Payment
Following from Part 1 of a two-part series on Negative Equity, below we review some solid strategies to overcome the tough situation. For an overview of what negative equity is and how to calculate it, check out Part 1 using… Read More »Understanding and Overcoming Negative Equity (Part 2)
Negative equity, often referred to as an “upside-down” car loan, can be a very challenging situation for many car owners. It occurs when the outstanding balance on an auto loan exceeds the market value of the vehicle. For example, if… Read More »Understanding and Overcoming Negative Equity (Part 1)